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Stamatis KavvadiasBy the way, here is the abstract of the ECB's document.ECB, Legal Working Paper Series, No 10 / December 2009"Withdrawal and Expulsion from the EU and EMU; some Reflections"AbstractThis paper examines the issues of secession and expulsion from the European Union (EU) and Economic and Monetary Unio...

Yesterday

Stamatis KavvadiasWhat do you mean by "I doubt very much this would happen in practice"? What is "this"? I was not suggesting that anything specific will happen...If I get right what you are saying, I hope it is true, but politics are, clearly, defined based on domestic balance and narratives, which makes it unclear....

2 days ago

Stanislas JourdanI guess you're technically right, but i doubt very much this would happen in practice, for political reasons. There are still many EU countries which are not part of the eurozone. Evicting Greece from the EU for that reason would be completely disproportionate, and possibly conflict with the EU core...

2 days ago
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Eckhard WolffThank You Emma & positive money … with much support and donates we will win this important step/milestone! Eckhard Wolff...

3 days ago

Emma DawnayThank you! (For the donation and the query)...

3 days ago

Emma DawnayYou can make a Bank transfer but you'll typically be charged about £22 for this. You need to know the name "Vollgeld-Initiative" and IBAN number "IBAN CH61 0900 0000 6035 4546 4"....

3 days ago
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Greeks should find the nerve to outlaw fractional reserve banking

Screenshot 2015-07-01 11.30.50

Greece must avoid replacing one myth with another - that returning to the drachma will be a panacea. If and when the drachma returns it will not be the notes and coins issued by the State free of debt which will be the problem, it will be the new drachma denominated debt issued by the privately controlled international banking system which will hobble Greece to its present masters, reads this BellaCaledonia article that is well worth reading.

Mirrorof (y)OuregoI totally agree with this opinion. Just one question: Do the "positive moneyeers" have contact to financial minister Varoufakis or even PM Tsipras? Because "we, the people" can do nothing really essential in this case. I hope, they have :-)...

4 days ago
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